Indians Prefer Long-term Job Security over Salary: Survey

Monday, 30 April 2012, 09:26 Hrs
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Mumbai: With the market uncertainty, Indian employees are preferring financially healthy companies and long-term job security, a survey says.

Long-term job security and financial health of the company are the most-often selected factors by 64 percent employees, followed by career progression opportunities (50 percent), says a recent Randstad India report.

Salary and employee benefits, which topped the chart in 2011, has dropped to the third position, it adds.

Long-term job security seems to be the top preference in the telecom sector, but not in the automotive sector.

Competitive salary and employee benefits were rated as top factors by employees of the transport and logistics sector, while the same were rated lowest by those in the travel and tourism sector.

International career opportunities was rated the top factor by the energy sector employees.

The survey also showed that men tend to prefer innovative companies that are financially healthy and offer quality products and services, good training and career prospects, whereas women look for factors like easy accessibility, flexible work arrangements, pleasant atmosphere.

While older respondents had greater concern for strong management, values and image, quality products and good work atmosphere, the younger workforce look for technological innovativeness, flexible working arrangements and global career opportunities.

Unmarried employees look for higher salary, career prospects.

The survey was conducted amongst 8,500 respondents from over 150 biggest employers. The research was conducted by the global research agency, ICMA International.
Source: PTI
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